Crudeoil short term bullish if 54.58 taken out then 55.72 to 57.05 possible in three days. if 54.58 gets rejected then 50.66 downside possible and continuously will be bearish till 42 again.
WTI crude oil will take a pause@ 54.59 to check resistance 57.87
AS PER THE TREND SELL TREND CONTINUE, WILL AGAIN @ 64.10 AND GOES TO THE TARGET AS PER MENTION IN CHART
Crude Oil next week scenario 60 possible if this trend continues
Crude Oil taking a long rest here after OPEC cuts supply, trade talks in focus and the ladder is still on.
Short USOIL below $63 T1: $61 T2: $59 SL: $64.5